Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:613126
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE: GUNTUR
Reserve Price:₹13,50,000
EMD:₹1,35,000
Auction Time:12:00 PM to 01:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-27
Bid Start Date:2025-11-27
Property Description
A prime plot of land with an existing building located in the bustling area of Macherla, Guntur, Andhra Pradesh. This residential asset presents a compelling opportunity for investors and homeowners alike. Situated in a well-connected locality, the property offers accessibility and potential for development. Its versatile nature as land and building makes it suitable for various purposes.
State:Andhra Pradesh
City:Guntur
Area:Macherla
Asset Category:Residential
Full Address:D.No.388/1, nearest D.No. 15-1-398, 15th block, near anjaneya swamy temple, Macherla, Guntur
Size:242.00 sq. yards
Auction Description
Canara Bank presents a SARFAESI auction for a valuable land and building asset in Macherla, Guntur. The auction will be held online on November 27, 2025, from 12:00 PM to 01:00 PM. The reserve price is set at ₹13,50,000 with an Earnest Money Deposit (EMD) of ₹1,35,000. This is a unique chance to acquire a property with a clear title, offered by a reputable financial institution.
Borrower Name:M/S Vigneswara Shopping Mall
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Macherla and its size makes it a reasonable investment. The reserve price seems fair, and the auction terms are standard. This property is suitable for investors comfortable with land investments in developing areas.
Contact Details
Branch:Branch Office : REGIONAL OFFICE: GUNTUR
Service Provider:BAANKNET
Contact Details:
Contact no:8331015719
